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Record

Niantic implied stake %, at Scopely transaction

≈5.9–6.1% At Scopely transaction

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

¥33,827m ÷ ¥145–150/$ = $226–233m; ÷ ≈$3.85bn total to Niantic equity holders (Scopely $3.5bn + $0.35bn distributed cash, press). Assumes Nintendo’s whole proceeds came from that distribution and ignores any retained Niantic Spatial interest.

Where it comes from

Our calculation from other figures in the trainer’s notes.

Where it’s used

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